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are bringing in. this president under hs first four years increase the size of our federal government spending by 25 percent, and now he's king for more stimulus money. unfettered control. this really is a hostage situation, and thiis not wha the american people need. we have million americans looking f jos, searching for jobs. we don't need to add dditional taxes. gerri: coerswoman, look. the americapublic is goino blame your party, the republicans, some 53 percent sa the iscal cliff happens, every fall over the edge reblans are to blame. how do you square tht? is a year on the ght t side, trying to do thigs. t the public certainly does not see your effort. >> i thi one of the things that is so difficult for me i that the media cannot not talking about you in particular. the general media has allen into this rabbit hole of only talking about this one isue. if we were to give the psident what he wants, the panacea. that is hepitfaf our problems. it only funds government for eight days. how can we be serious about staying focused on one thing in not talking about all the other issues. spending
in of government at the federal level. that has nothing to do with this. that would be more on the spending cuts. host: what do you make of the back a plan being reported by the new york times saying if we cannot come to some sort of deal, we should just passed tax cuts for the middle class americans and then fight later on for spending cuts and increasing taxes for the wealthy? caller: the tax cut for the general population is great. that would be good for stimulating the economy. but the big thing is hit there needs to be a balanced plan. we need more revenue and we need less spending at the federal level. what is good for california is not good for virginia and what's good for virginia is not good for maryland. maybe we need to focus on reducing the federal government overview. been there would not be as much spending or taxes needed. then let the states deal with the taxes they need to take care of their citizens. host: robert, milwaukee, democratic caller. caller: i would like to say that the republican party, not all of them, i think it's just the tea party, they are destroying the republi
in the government's effort to go after the rebels. i mean, we have seen babies and children, women, civilians tortured and killed day after day in syria. and now the thought that they might unleash chemical weapons on them is focusing new attention on what happened back in 1988 when saddam hussein did it. he used the same type of chemical weapons to kill kurds, thousands of them. again, back in '88. thousands of innocent died in the attack, more than 10,000 suffered horrific injuries, not to mention -- we'll talk about it, exactly what happened in '88, how it unfolded, how they handled it and what the death toll was. they said birds just started dropping out of the sky, sheep and goats -- that was the first sign -- started keeling over in the fields dead, and then came the human death toll. it happens quickly, and it is awful. and it is one of the reasons why our government is taking this so seriously, this possible threat. and preparation now of weapons like sarin gas. more on that coming up in just a bit. >>> also from washington right now, fox news has confirmed that the fbi is today inves
and whether that is a cost savings at the end of each day for government and for families. >> one final question on the immediate and we will go back to the broader agenda. the president had a firm statement this week about the test ceiling where he says, i will not play that game, meaning he will not negotiate for raising the debt ceiling. how was that going to work? does that need to be part of any agreement to appoint -- agreement to avoid the fiscal cliff? >> this is serious fiscal and tax policy. it is about the economic future of our country and making sure this country continues to be the greatest economy and the greatest country in the world. it is not a game. i am with the president on this one. we saw the response of the market in august with the republicans were willing to go off of the fiscal cliff. some of them are saying it now, not paying on our debt and jeopardize the full faith and credit of the united states. this is not a game. if we do not pay our bills and pay our debt, we are going to see interest rates going up. it is not where you make the decision about spending
on some of these issues. how about drugs? would you believe that the federal government has no power to negotiate the price of drugs for seniors? in the medicare program? it's true. it's tru. congress passed a law back in 2003, 2004 program that denied the federal government to negotiate prices. we could save a pile of money right there. there are some other things we could do. we could penalize hospitals who have high infection rates, re-admission to hospitals. well, the affordable health care act is already doing that and having an effect. we could also deal with the issues that occur with unnecessary payments. we can reform the system in the way that payments are made so they are more efficient and more effective, and those have been proposed by the president. in fact, there are many, many things that can be done to significantly reduce the cost of medicare without, without doing the onerous damaging proposals that have been made by many of our colleagues on the republican side, increasing the age to 67 and we'll discuss that in much more detail in a few moments. such as going aft
, a bloomberg government former members of both parties said negotiators should be able to reach an agreement. in an hour, president obama speaks to ceo's at the business roundtable, followed by news conferences with house speaker john boehner and minority leader nancy pelosi. >> the supreme court will look at what was passed in 2008 by a majority of six-three, i believe, and they will say that is precedent. indiana had a voter i.d. -- >> they decided on the indiana case, it was constitutional for them to establish id they did not say all of that was subsequently -- >> they talked about indiana. you misrepresented what i said. the supreme court is the law of the land. >> when i hear these accusations that black people voter i.d. loss disproportionately affect minorities -- implies to me that somehow we have something missing in our brain. as -- if white americans can get id to vote and go through all the processes to follow the laws, what are you telling black people? that somehow they are not good enough? that is what bothers me about a lot of the rhetoric coming from democrats and the left.
cup of tea but their government works. martha: hmmm. that is getting a lot of attention this morning. now while the gao says the relationship with china is important he is not encouraging communist government as he said in the quote. may not be your cup of tea. bob beckel, former campaign manager. andrea tanteros, news day columnist and both co-hosts of "the five." andrea, you do you have a problem with that? >> yeah i do. i wonder if i studied history to look at eastern europe to see how welcome nism worked for those countrys? the reason he is saying that, mr. immelt, our jobs czar sent a lot of ge's business over to china. we heard during this campaign, this grueling presidential campaign, martha, president obama attacked mitt romney for outsourcing when his jobs czar, jeff immelt, sent, couple of examples. one company in wisconsin, the summer over to china. another light bulb factory in virginia over to china. i mean ge got $1.2 billion in stimulus funds. they send the jobs over to china. no wonder he likes china so much. martha: i mean a lot of people have the problem with the wa
just government, and too much of it. here he is in a clip from the 2006 documentary "1%." >> in the end we'd end up worse off. it would do harm not good. people don't pay those high taxes, they find ways of getting around it. you're never going to be able to stop them from finding ways to get around it. jenna: talking a little bit about taxes there. my next guest has written extensively about milton freidman. we wanted to ask him, what would milton do, one of the greatest economists. nobel peace prize winning economist. we have the author of the inch dense pensable milton freidman. what would he think about all of this. >> great to be with you. i'm sure if milton freidman were here today, he'd say go over the fiscal cliff. jenna: straight over it? don't even press on the brakes. >> it's always worthwhile to meet and have negotiations. at the end ever the day he favored the least government spending possible. i believe he would have said that is a course that isn't going to be accomplished by raising taxes, rather by raising taxes that will provide funding for more government spending. f
the future of gay marriage throughout the entire united states. at issue is the federal government defense of marriage act that defines marriage as only the union between a man and woman and california's proposition 8 which banned gay marriage was overturned by an appeals court. cnn's crime and justice correspondent joe johns has been following both cases for us. joe, explain the impact of today's decision. >> well, it is big impact. as you know, this is one of those cases that people talk about over the water cooler. let's start with proposition 8. very simple, wolf, it is the california ballot initiative passed in 2008 by the people of the state of california that established marriage as between a man and a woman. it overturned a court case that said same sex couples have the right to marry. windsor is the other case you were talking about, it is an attack on defense of marriage act which was passed in 1996 by the congress, signed by the president. it's called windsor against the united states. it is about a woman named edith windsor who had a long time relationship with her partner, and
to the federal government without raising tax rates which we believe am harm our economy. >> one conservative in the senate is breaking ranks with his party over the whole idea of raising tax rates with the party. tom coburn told msnbc today he would be okay with doing what the president wants, raising taxes on the wealthy, as long as it is coupled with entitlement reform and spending cuts. the reason we're told is because he believes at this point it's better to do that to get what he and other republicans want long term, which is a fundamental overhaul of the tax code, perhaps they can get that if they give the president what he wants now. you remember, coburn was among the first republicans a couple years ago to say it was okay to raise revenue. now he appears to be the first senate republican to say he would be okay with raising rates as long as it's part of that package we described. >> a meeting or a phone call between john boehner and president obama, is that at all in the works? >> as far as we know, no. whether it's in the works, we could only hope, at this point we do not have any i
republicans hate government and that's why they don't run it very well. >> but they hate government so that's why they don't run it very well. >> right. >> bill press said you can't be in washington without giving you opinion about whether or not we're going off the fiscal cliff, blah, blah blah. and i said the democrats tend to be the responsible party in terms of wanting to govern and then bill says because they hate it, and i say right. why would you make some big operate well that you don't like. >> you are a couple of marksists. >> what did reagan say? the government is the problem. >> right. they don't like the government. >> and i don't suppose the government is anything anybody would ever want to strangle in the bathtub. >> stephanie: no. all right. let's dive in to right-wing world. [♪ circus music ♪] >> stephanie: all right. rush limbaugh. >> folks i'm a little worn-out fed up and very inpatient with these ongoing assaults on the people who work in this country. the current disaster is not teaching people a lesson, nothing will. we're not teaching people to be
reform debate, which may be apocryphal, "keep government hands off my medicare." the big tea party uprising was in large part a reaction to the idea, quote/unquote, of socialized medicine. it was the affordable care act, and the government, quote, takeover of health care, that fanned the flames of the post-obama tea party protest. but, of course, most of the actual republicans who were actually elected back then were elected because they ran ads like this. >> congressman brad ellsworth said he would protect our seniors. but when he got to washington, congressman ellsworth voted for the largest cuts in medicare history, over $500 billion. robin carnahan supports $500 billion in medicare cuts, hurting seniors most. rand paul doesn't support higher medicare deductibles for seniors. conway distracts with negative ads to hide his support for obama care, which cuts medicare by $500 billion. >> that was 2010. fast forward to this year's election and the same principle carries through. each side tried to convince voters that the other guy wanted to take the hatchet to medicare. >> the bigg
living off the government and getting that check and that might be for the moment the only source of income. martha: we passed important threshold of 99 weeks a lot of people roll off that number for the very first time sense all this began. it makes you wonder if people are just taking advantage of benefits offered in order to get by if they simply opted out which is a sad situation. bill: what he talks about is 350,000 americans in this report alone. a really staggering the state of our economy now. here's a bit more for the labor report. 12 million americans still unemployed. about 40% of them have been out of work for 27 weeks or longer. more than eight million americans only working part time due to the current state of the economy. martha: new comments about the crisis in syria coming from secretary of state hillary clinton. the u.s. and other nations fear that the syrian regime could use chemical weapons against its own people. secretary clinton making it very clear that syrian president bashar al-assad must go. >> let me also be absolutely clear. the united states stands w
atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in and says, a small faction of this group is considered a terrorist organization. what does that mean on the ground in syria for the rebel forces? >> well, it's hard to tell if it's going to mean anything, really. because what we're hearing now, uniformly from rebel groups on the ground after the designation by the united states of the nusra front as a foreign terrorist organization, look you can't not arm us, not finance us, and at the same time tell us not to rely on the best sort of armed and financed subgroup in the anti-assad fight. so rebel groups are saying you're putting us in a difficult position. they're having in some cases to rely on the jihadist group and its tactics reminiscent of what happened in iraq, suzanne, as you know with the car bombings and suicide bombings, in order to make battlefield gains. you saw nick paton walsh's pieces as well one of the most significant battleground advances, the reported occupation, i
of fema testifies on capitol hill about the government's response to hurricane sandy. and later, senate debate on the u.n. treaty for the disabled. ♪ ♪ >> this weekend on c-span3's american history tv, follow harry truman easeleddest grandson to hiroshima as the city prepared to mark the bombing of the city in 1945. >> you know, everybody has their own view what happened, and i, i don't, i don't want to argue survival with anyone in japan about the history. i think we're past that. my whole purpose for being here is to listen, to honor the dead, to listen to the living and to see -- to do what i can to see this doesn't happen again. >> clifton truman daniel will join us sunday at 9 p.m. eastern on c-span3. >> now, a discussion of how the military and national security might be affected by spending cuts scheduled to take effect the first of the year. part of the so-called fiscal cliff. former chairman of the joint chiefs of staff, admiral mike mullen, was joined by the chairmen of the senate house armed services committee. this is a little less than an hour. >> good afternoon. thank
a government which acts in an extremist way at home is ultimately not going to act responsibly in international affairs. look at say pakistan for example. or look at other governments around this region which are extremist in nature. jenna: interesting you mention pakistan because of our aid. that also goes to that country. one has to wonder in foreign policy discussions in the year ahead what kind of strings need to be attached, if you believe they should be, michael, with this aid in the years to come? how do you think we should navigate that? >> well i think, jenna, one lesson of pakistan when there is opportunity of change, when there is opportunity for a new moduserane on that because it is often difficult to change these things down the road. the opportunities don't come very often. now to change it, jenna, tanks and jets are more of a payoff for the egip shun military than they are a real solution to the region's security problems which are things like arms smuggling and counterterrorism and if we keep these military aid programs in place they need to address those threats, not be sort o
a trillion dollars. every u.s. household will start giving the government another 2 to $3,500 a year. 90% of us will see our taxes going up. but up to $110 billion in across the board cuts in government spending will also kick in. half of the cuts, about $55 billion, comes from the defense budget. the other 55 billion come from nondefense programs, like health care, education, housing assistance. our chief political analyst gloria borger has been looking at all of these numbers. the dire consequences of going over the cliff, is it enough to force a deal? >> no. and that's what is sort of striking about it. when you talk to some liberal democrat, they actually say, you know what, maybe it's better to go off the cliff because you get the defense spending cuts that dana was talking about and the tax cuts for the wealthy expire. you can always restore the tax cuts for the middle class. she talked to some republicans, they say a bad deal is not what we want. they don't want any deal. and then, of course, you talk to the american public as we keep doing here. and the american public, take a lo
. jennifer >>>> it's these "talking points" that the right have about "the heavy hand of government". i want to have that conversation. let's talk about it. really. really! that you're gonna lay people off because now the government's going to help you fund your health care. really? i wanna be able to have those conversations. not just to be confrontational, but to understand what the other side is saying. and you know, i'd like to arm our viewers with the ability to argue with their conservative uncle joe over the dinner table. >> announcer: ladies and gentlemen, it's "the stephanie miller show." ♪ i'm walkin' on sunshine ♪ ♪ i'm walkin' on sunshine ♪ ♪ and it's time to feel good ♪ ♪ hey, all right now ♪ ♪ and it's time to feel good ♪ >> stephanie: it is "the stephanie miller show." welcome to it! six minutes after the hour. 1-800-steph-12. phone number toll free from anywhere. "the stephanie miller show" the web site. you can e-mail us all there. jim ward, chris lavoie, me, stephanie miller. very short to the point hate letter.
, alexander hamilton, observe energy is a leading character in good government. the president must lead in a divided government and must not advocate his or her responsibility. president obama has the responsibility to propose a real bipartisan plan to avert the fiscal cliff that can pass both the house and the senate. withdrawing from the recommendations of the simpson- bowles commission, the president could propose a plan that would not only avert the so-called fiscal cliff, but also help us avert the yawning fiscal of this ivory for me -- it this goal -- fiscal abyss. if president obama were to offer such a plan, republicans would act favorably. going over the cliff is unnecessary. as it has been observed in "the wall street journal," the president is boxing in the republicans. he is offering them a deal they cannot accept. first, the president has repeatedly called for a balanced solution involving both revenue and less spending. what is obvious to the most casual observer is that this plan is not a balanced. the fiscal cliff involves nearly four dollars of anticipated revenue from
on seniors. the government is warning reverse mortgages are not free money. >> turn equity into tax free cash. >> give you tax free cash. >> they're not being told. about the downside. >> reporter: right now in america, 57 seniors in reverse mortgages are in danger of losing their homes. nearly 10% foreclosure rate, 4 times higher than traditional mortgages. the department of housing and urban development will recommend congress prohibit large lump sum payments and recommend seniors be careful with reverse mortgages. is the reverse mortgage the last option? >> i really think it should be, absolutely. >> reporter: an option. >> it is a wonderful house. >> reporter: linda mcmahon regrets taking. >> i hope somebody enjoys it. >> reporter: jim avila, abc news, washington. >> you have to feel for her, too. here's the problem in a nutshell. unlike traditional mortgage. make your payments. equity. a reverse mortgage pays out equity in your home as cash. increases your debt and decreases your equity. that's the problem in a nutshell. that's how the woman got into the situation she did. it sounds good
that when it's all said and done, the government could save $5.7 billion. but those 65 and 66-year-olds don't disappear. they are still going to be here and get sick sometimes which means the savings we'd see by kicking them off they pop back up elsewhere in the economy. it's not pure savings, it's a cost shift. you're going to see increased costs for seniors who will have to find another health insurer since it uses power to pay less by quite a bit. the seniors turning to private insurance will have to pay more from the same coverage. 3.7 billion more in the first year of the policy. for those who are eligible for medicaid, will move to the states, we think. then there are the employers. many of the ineligible will turn to their employers. that will increase the health care costs of companies by $5.4 billion. some of the seniors will turn to the affordable care act in the insurance exchanges. those left in medicare will pay a higher premium because the average premiums go up for those older and sicker. that will cost $2.5 billion. in order to save the federal government $5.7 billion this p
is used to guide us, but a waste of money. the government should be involved in the. unfortunately, there are times when people evaluate investments that help our poorest children, the people in the toughest, most disadvantaged neighborhoods, some of our most intractable problems even with, for example, young people rescued from trafficking. these are very, very difficult problems. and we should evaluate and see what works. but we should also insist again there's not a double standard, so that if an evaluation, single evaluation or even a couple of evaluations somehow show that a particular strategy is not worth well, that is a motivation to do things better and smarter, not an excuse or reason to say government has no business being involved in that endeavor. so i think we need to be more change, accountability, evaluation, but not a tougher, higher double standard just when it comes to young people from the most disadvantaged and troubled environment. so there is so much to talk about in the innovation area. let me just mention a few things that we are focused on and then we can
government goes in there and raids these clubs. if the state is a player, the feds largely are hands-off. >> help me out here. so in washington state and colorado, it's not only legal toto i am bible or to smoke. right? but it's legal to grow? >> it's legal to grow in colorado. washington state does not allow home-grown cultivation. >> they are importing it from where? >> it will be grown in washington in cultivation centers. >> i see but not at home? >> you can grow up to six plants at home in washington. >> in colorado? >> yeah. >> and then you can legally sell it and the state gets a sales tax. >> that's right. in one year because they have to put the regulations out, promulgate them and fight and all, but more or less a year from now people will be able to go into these places like you and i can get alcohol and tobacco on and caffeine and use it possibly in a private setting. you can't use it like in a coffee-shop setting like in amsterdam. >> by the way, i was in amsterdam 10 days ago. i looked for one of those damn pot coffee shops. carol and i
raising taxes, but instead is raising ugly new questions about questionable government spending. welcome to "america live," everyone, i'm megyn kelly. the president is in detroit, michigan, at this hour touring a daimler auto plant. the appearance is part of an attempt to pressure republicans to accept his plan to both raise taxes and add billions in new stimulus spending. but literally just a few miles away an embarrassing story is developing with a company the taxpayers put a lot of dough into. it's called a123. that's a car battery maker. they supply batteries for electric cars. that filed for bankruptcy after burning through almost $200 million of your stimulus money. here is the president praising that company in happier times. [applause] >> i am calling to congratulate a123 systems on this tremendous milestone. as you said, thanks to the recovery act, you guys are the first american factory to start high-volume production of advanced vehicle batteries. megyn: well, today we're learning that this battery company is being purchased by the chinese. that same company that burned all th
? yeah it does, looking at overall percentage of money of revenues that come in to federal government, than what has been average since world war ii, we're below that the argument should be, yeah, we need more revenue, but the question is, how do republicans historically, how do we argue, for more revenue? growth. we need more growth, if we have more growth, highest revenues we had in history of the -- since world war ii was 21 or 22% of gdp, what happened? tech boom, huge capital gains and start ups, and that is how we got revenue, it was not by raising taxes that is an argument we have with principle made and have been correct in making it. to now say, well, you know, president won and we have to concede that point. i'm not saying there can't be tax reform. but that should be an ending point not a starting point. neil: does it bother you that mitt romney's running mate, budget committee chief paul ryan is going along with this deal. >> it is his budget. he is the -- >> he has been boxed in a corner. >> governing is a tricky thing, being in washington right now, i always believed, yo
don't worry about it. >> i know the sourt korean government is alarmed about what is going on. even if the south korean troops go on a high alert, how does that impact the nearly 30,000 soldiers along the dmz? >> there are troops throughout the northern part of south korea and even further back into south korea. we are told always that they are at a high state of alert. the intelligence assets remain on station 24 hours a day because of the assumption that north korea could order its ground troops across the dmz or start firing some day with the long-range artillery. they could keep it in north korea and fire well into south korea. so all of this is the constant concern this missile test only raises it, wolf. >>> nato today confirmed the dangerous he is c dangerous escalation, another one, in syria civil war. they describe it as scud-type missiles inside syria this week. missiles aimed at civilian populations controlled by the rebels. let's go to our foreign affairs correspondent jill dougherty. what are you learning, jill? >> well, u.s. military satellites are tracking those missil
forces battling government troops in damascus today. you can see rebel snipers shooting from inside buildings. secretary of state hillary clinton now raising more concerns that bashar al-assad may resort to using chemical weapons against his own people. hillary clinton saying the u.s. is worried about an increasingly desperate bashar al-assad may use the weapons or lose control of them. this battle has been exploited to some extent by al qaeda. the rebels have been infiltrated by al qaeda, which is becoming a growing force there. in any event, the concern about chemical weapons is vast. we will have one with the united states is now doing about the situation with general jack keane coming up in a bed. on capitol hill, national intelligence director james clapper just got done freaking house members on the deadly terror attack against our consulate and then got become libya. fox news has learned that mr. james clapper show them a timeline of the attack. you can see demonstrators reaching across and they began to loot and set fires. some of the demonstrators are seen armed, and there'
for a deal. >>> in syria tensioned at a boiling point between rebels and the government. syrian rebels have declared damascus international airport a military target, warning civilians and airlines not to approach it. this comes as reports of the government preparing to use chemical weapons on the civilians there. since march of 2011, 40,000 people have been killed in the country's civil war. >>> a u.s. capitol police officer is in the hospital this morning after being hit by a car. this happened around 8:30 last night around massachusetts avenue in northeast washington. we're told the officer was hit during a traffic stop. her condition has not been released. so far no charges have been filed against the driver. >>> a video posted online is sparking an investigation of a metro bus driver. check it out. this video appears to show the driver holding and possibly even reading a newspaper behind the wheel. the rider who shot this video on unsuck d.c. metro posted it online. metro will start monitoring some of its employees next year, including bus drivers, to make sure they get enough sleep. t
the government, but soon they could face a weapon even deadlier than any they've seen so far. cnn's pentagon correspondent barbara starr is joining us with the latest new threat on the possible use of chemical weapons. >> reporter: wolf, the challenge is for the obama administration to figure out exactly what bashar al assad is up to with his deadly arsenal. the horror remains unspeakable. 25 years ago saddam hussein unleashed one of the worst poison gas attacks in history. thousands were killed. now, in syria, u.s. concerns are growing by the hour that bashar al assad may be planning the same thing against his citizens. >> the intelligence that we have raises serious concerns that this is being considered. >> reporter: u.s. intelligence shows syria has mixed chemical compounds needed to make a deadly agent that can quickly kill thousands. >> the united states and our allies are facing the prospect of an imminent use of weapons of mass destruction in syria. and this may be the last warning we get. >> reporter: the u.s. is not precisely saying what the syrians are doing, but there are two way
organization. u.s. government documents indicate the radical group, known as the al nursa front has ties to al qaeda. they'll be labeled as terrorists tomorrow. the same rebel fighters are believed to be playing a part in the iraqi insurgency. these documents show that secretary of state hillary clinton signed these papers making the declaration official, back on the 20th of last month. much more on this story out of syria next hour. >>> an american doctor kidnapped in afghanistan and what happens next involves around the clock negotiations and a dramatic act of courage by s.e.a.l. team six. i'm brooke baldwin. the news is now. the death of a pop star. ♪ a picture shows what happened moments before jenni rivera's plane crashed. plus, boys disappear from a reform school and are never heard from again. >> these are children who came here and died for one reason or another and quite literally have been lost in the woods. >> the answers may lie in this cemetery. and one governor floating the idea of setting tuition rates based upon your major. this may change college forever. americans believe t
of the government's goals. in 2010, the states announced a plan to end the chronic and veteran homelessness by 2015 and to end homelessness among children, youth and families by 2020. the government is making some good progress. homeless rates in the veteran community has fallen by 17% by 2009 and there are 17% fewer homeless people than there were in 2007. but considering today's numbers those goals to end homelessness completely within the next few years with pretty much impossible. assistant housing secretary mark johnson says what the housing and urban development department would need is a ten-fold increase to its $2 billion budget. $20 billion does sound like a lot of money and it is but think progress put some of that in context. that's the same amount taxpayers subsidize the oil industry and it's less than americans spend on their christmas decorations. we'll be right back. (vo) this friday current tv presents a special event. >> nobody knows disasters like comedians. that's why for my upcoming benefit for victims of hurricane
but it gets back to the issue of where are the power levers and the forcing mechanisms to make the government deal with the deficit? that's not coming from the markets. the bond market is saying here's the money you want and we're kind of creating these things out of nowhere to force us to deal with the long-term deficit problem but the short term markets aren't doing it. >> neil, talk about these markets you speak of. i want to play a clip of maria the other day. >> the markets right now are expecting a deal. the markets have been trading fine. if we don't gate deal, we are going to see a sizable decline in stocks. we are going to get a big disappointment. >> markets will be disappointed. the markets have expectations. who is this mr. markets that is endowed with the personality anç expectations and is this monolithic creature that will respond to, you know, what's going on in washington? are we giving the markets a little bit too much personality here? >> well, yeah. i mean, obviously the market is millions of people and institutions all over the world deciding whether to buy stocks or bon
government could use this constitution and deny them their rights. the president says the constitution is out there for everyone to see. if you don't like it, go vote no. >> that's what they all say. we all know how that's going to be. >> he is going to leave wresh is not our president anymore. >> if he continues like this, we are going to wait in the streets until he go out. >> reporter: opposition factions sounding as defiant as ever, rejecting the president's position who has tried to calm them down by trying to assure them that there is no plot by the muslim brotherhood to monopolize power and according to the president, the best way to solve this is for egyptians to go out on december 15th and vote. obviously, many of these opposition factions don't trust them. around 10:00 p.m. everyone started to go home, and now the question, will they be back tomorrow and the next day, and what options do they have beyond protesting? >> we've got reza on the phone in cairo. first of all, what are you seeing now? what is taking place? the sun is down, and obviously, people are taking to the streets ag
, there will be hell to pay for all of us. you know who will pay? the people running the government. the politicians. good politicians don't take their countries off of cliffs. "the ed show" starts right now. >>> good evening, americans. welcome to "the ed show" live from washington, d.c. tonight, breaking news from the nation's capital. house democrats are turning the screws on house speaker bain. this is "the ed show." let's get to work. >> unfortunately, the speaker's proposal is still out of balance. >> the president responds to john boehner, but democratic leader nancy pelosi has a plan to get around the speaker. tonight, leader pelosi joins me for an exclusive interview. >>> senator john kerry like you have never seen him before. the statesman from massachusetts scolds the radical right after senate republicans block a u.n. treaty on rights for the disabled because they are concerned about home schooling. you don't want to miss this tape. >>> plus my interview with ohio senator sherrod brown on what looks like a massive win for progressives and elizabeth warren. >>> then senator debbi stabenow
's the case. in fairfax county, they could be particularly vulnerable. big cutbacks in government spending could mean big trouble for information technology and defense-related contracting firms that carry a lot of federal business. if spending on those firms gets cut, a lot of people could be out of a job. >> if you go make the kind of cuts that some are suggesting happen, then you're really hurting a lot of the small businesses and residents in fairfax county who rely on federal contracts for their livelihood. ultimately that trickles down to and affects fairfax county. >> fairfax county alone took in $23 billion in federal contracting money back in 2009. that's more than any other county in the country. and it's $3 billion more than washington, d.c. growth for contracting in fairfax county has been explosive to back in 1980 federal contracting dollars totaled just $1.7 billion. why is nova been such a big draw for federal contracting dollars and the big salary jobs that come with them? one word for you. dulles. the international airport provides easy access to washington on its limited
millions and his work. marco rubio, pat toomey. very conservative, anti-tax, anti-government purists in the mold of jim demint. however, he also backed in republican primaries a number of republican candidates who simply were not electable according to the republican establishment and the establishment was right. for example, remember christine o'donnell, i'm not a witch, from delaware. ken buck of colorado. and others. so those are some of the reasons why he definitely has ruffled many a-feather with the party leaders and i have to tell you first thing i saw when the senate republican leader mitch mcconnell released a statement today was making the point that demint had, quote, uncompromising service. didn't have to read between the lines too much to see there's a backhanded compliment. >> dana, what about bigger picture here and talking about the republican party aenl just talking about folks like ryan and rubio, let's say, part of maybe the next generation republicans. do you think that demint's brand of republicanism is falling out of favor with sort of the newer version of what
. the launch is raising worldwide concerns about the reclusive government's plans for its nuclear arsenal. the rocket was not carrying a warhead, north korea claims it launched a science satellite. the defense secretary leon panetta talked to erin burnett and said the u.s. is evaluating whether the rocket launch was a success. he said this, quote, we have no idea. we're still assessing exactly what happened to determine whether or not it really was a success. eight months ago, north korea totally flubbed a launch attempt, rocket broke apart after 90 seconds and fizzled into the ocean. jim clancy, cnn international here. talk to me, i guess, first, the fact that this was a surprise. how did north korea get this past the u.s.? >> well, it didn't really get past the u.s. it said it had a few problems, was going to delay the launch and then suddenly on calendar, e for many, and kim jong-il got very lucky. the three latest attempts had all failed. and this one appears, appears to be a success. something is in orbit. >> we know the rocket range is something like 5,000, 6,000 kilometers. what do
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